Polo, IL Foreclosures
How much do homes sell for in Polo, IL?
The average home price is currently $157,649.
In Polo, IL, how many homes are available?
There are currently 14 active home listings available in Polo.
What’s the average rental cost in Polo, IL?
The average rental price in Polo is $1,101.
What is the most expensive home in Polo?
The most expensive home sold in Polo had a price of $747,982.
What is currently the cheapest priced home in Polo, IL?
The cheapest home for sale in Polo is priced at $10,537.
Living in Polo, IL
Polo, Illinois, is a quaint, small town surrounded by the serene beauty of the Midwest. With its friendly community, local events, and access to outdoor activities, it offers a unique lifestyle for families and individuals looking to settle down. Easy transportation links to bigger cities enhance its appeal for daily commuters.
Current Market Conditions in Polo, IL
The real estate market in Polo, IL, has shown consistent growth over the past year, with an increase in demand for single-family homes. The community's charm and lower property prices relative to nearby urban centers have attracted homebuyers seeking a quieter lifestyle.
Recent trends indicate a rise in home values, attributed to a steady influx of new residents looking for affordability and a friendly environment. The market remains competitive, with homes selling quickly, particularly those priced well and in good condition.
Home Value Estimator For Polo, IL
There are currently 1,367 real estate properties
in Polo, IL,
with a median automated valuation model (AVM) price
of $135,886.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Polo, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Polo, IL,
is $157,649.00, with the most expensive house
in Polo, IL, topping out
at $747,982.00 and the cheapest home
in Polo, IL,
clocking in at $10,537.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Polo, IL!
Rent Prices
In Polo, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Polo, IL, is on
a rollercoaster ride. The
average rent price in Polo, IL,
is $1,101.00. Indeed, when looking to rent in
Polo, IL, you can expect to pay as little
as $470.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Polo, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
